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RLJ Lodging Trust RLJ Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$383.0MBeat by $12.5M
EPS$0.16Beat by $0.01
Revenue estimate$370.5M
EPS estimate$0.15
We are pleased with our strong second quarter results, which exceeded our expectations, driven by the broad-based strength across our portfolio, including the continued acceleration of business travel and robust urban leisure trends. Our results further benefitted from our continued success in driving out-of-room spend as well as the successful ramp of our recently completed renovations and conversions.We also continued to advance our conversion pipeline with the completion and relaunch of our Autograph Collection asset in Pittsburgh, further increasing our exposure to the lifestyle segment and evolving consumer preferences. The broad-based nature of the growth across markets and demand segments year-to-date give us confidence in the durability of the demand trends we are seeing. As a result, we are raising our full-year guidance to reflect our second quarter outperformance and the continuation of these positive trends through the second half of the year as well as the ongoing ramp of our conversions and renovations.
Leslie D. Hale

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$338.7M
EPS estimate-$0.05

Financials

Q2 2026

Income statement

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Revenue$383.0M+5.5%
Net income$31.0M+9.1%
EPS (diluted)$0.16+6.7%

Balance sheet

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Cash & equivalents$937.6M+151%
Total debt$2.8B+20.3%
Total equity$2.2B-3.4%
Total assets$5.2B+8.5%

Cash flow

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Operating cash flow$114.6M+13.1%
CapEx$20.7M-41.2%
Free cash flow$93.9M+42.0%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$1.67B+46.7%
Enterprise value$3.55B+14.3%
P/E60.6×+40.9×
P/S1.2×+0.4×

Profitability

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Net margin2%-2.2pp
FCF margin12.6%+3.6pp

Returns & leverage

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Return on equity1.3%-1.3pp
Debt / equity1.3×+0.3×

Segments

By geography

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Other$114.9M+4.0%
Northern California$47.7M+8.3%
Southern California$45.2M+5.0%
South Florida$39.8M+10.2%
New York City$24.9M+6.1%

By product

See full
Room Revenue$311.8M+5.3%
Food and Beverage Revenue$43.7M+4.3%
Other Revenue$27.5M+9.7%

By segment

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Reportable Segment$383.0M+5.5%

FAQ

When did RLJ Lodging Trust report Q2 2026 earnings?
RLJ Lodging Trust (RLJ) reported Q2 2026 earnings on August 6, 2026 after market close.
What were RLJ Lodging Trust's Q2 2026 revenue and EPS?
RLJ Lodging Trust reported revenue of $383.0M and eps of $0.16 for Q2 2026.
Did RLJ Lodging Trust beat estimates in Q2 2026?
Revenue beat the consensus estimate of $370.5M by $12.5M. EPS beat the consensus estimate of $0.15 by $0.01.
How did RLJ Lodging Trust's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.5% from $363.1M a year earlier and eps declined 66.7% from $0.48.
Where can I find RLJ Lodging Trust's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001511337-26-000019) and the 10-Q periodic report (0001511337-26-000023) directly on SEC EDGAR. The filing index links above go to sec.gov.